Vida launches limited edition residential and buy-to-let products

The residential range comprises four limited edition two-year fixed rate products available up to 90% LTV. 'Vida 48' is available at 3.99%, 'Vida 36' at 4.39%, and two fee-saver products available from 4.49%.

All products are available for home movers, remortgages or first-time buyers. The residential limited edition products have a maximum loan size of £400,000 and fee-saver editions also come with a free valuation and a £250 contribution towards legal fees.

The limited edition buy-to-let range includes five-year fixed rates for purchase and remortgage. A standard buy-to-let product at 75% LTV is available at 3.04% with a £1,495 fee and a fee-free equivalent starts at 3.19%. For HMOs, a 75% LTV product is available at 3.19% with a £1,995 fee.

Richard Tugwell, director of mortgage distribution at Vida, said: “As a lending specialist we are constantly assessing the market, monitoring demand and looking to ensure we are always providing a first class service and enhancing our offering.

"We are dedicated to supporting underserved borrowers and making homeownership more widely accessible. Our new product launches today are another step in achieving this, and we’re confident that these offerings are a great solution to help borrowers who are cut out of traditional high street lending.”